YEARLY HIGH
4.6287 TRY
YEARLY LOW
2.8081 TRY
YEARLY AVERAGE
3.4235 TRY

2018 BND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 4.6287. Conversely, the yearly low was recorded on January 7, dropping to 2.8081.

This high-to-low spread represents a total annual volatility of 1.8206 TRY. From a start-to-finish perspective, comparing the January average rate of 2.8534 to the December average rate of 3.3850, the exchange rate registered a net change of 18.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.6287 was up 56.76% compared to the 2017 peak of 2.9528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 23,143 TRY
2017 Average 13,212 TRY
Yearly Trough Low 14,041 TRY
Transaction Impact: A difference of 9,102.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.4155
2.7114
JanuMarcMayJulySeptNove

BND to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0465, compared to 3.8004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7540 points.

H1 Avg (Jan–Jun) 3.0465
H2 Avg (Jul–Dec) 3.8004

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.3029 TRY (High: 4.6008 / Low: 3.2979). On the other end, February was the most stable month, with a tight range of 0.0335 TRY (High: 2.8827 / Low: 2.8491).

August Spread (Volatile) ±1.3029
February Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4288 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 4.2735) against the same month in 2017 (average: 2.5722), the exchange rate shifted by +1.7013 (+66.14%).

2018 Avg (September) 4.2735
2017 Avg (September) 2.5722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8891 2.8081 2.8534
February 2.8827 2.8491 2.8678
March 3.0646 2.8700 2.9599
April 3.1657 3.0173 3.0856
May 3.5355 2.9022 3.2795
June 3.4563 3.0372 3.2327
July 3.6083 3.1366 3.3691
August 4.6008 3.2979 3.9450
September 4.6287 4.0555 4.2735
October 4.4747 3.8794 4.1294
November 3.9118 3.2799 3.7006
December 3.7719 3.3071 3.3850